Investing involves risk. There is always the potential of losing
money when you invest in securities.

Asset allocation, diversification and rebalancing do not ensure a
profit or protect against loss in declining markets.

Neither Bank of America Private Bank nor any of its affiliates or
advisors provide legal, tax or accounting advice. You should consult
your legal and/or tax advisors before making any financial
decisions.

Credit and collateral subject to approval. Terms and conditions
apply. Programs, rates, terms and conditions subject to change without notice.

Bank of America Private Bank is a division of Bank of America, N.A.,
Member FDIC and a wholly owned subsidiary of Bank of America
Corporation (“BofA Corp.”).

Bank of America, N.A., and U.S. Trust Company of
Delaware (collectively the “Bank”) do not serve in a fiduciary
capacity with respect to all products or services. Fiduciary
standards or fiduciary duties do not apply, for example, when the Bank
is offering or providing credit solutions, banking, custody or
brokerage products/services or referrals to other affiliates of the Bank.